Cash flow statement
|
in € million¹
|
2017
|
2016
|
|---|---|---|
|
in € million¹
1. Operating activities
| ||
|
in € million¹
EBITDA
|
2017
3,752.4
|
2016
730.7
|
|
in € million¹
Changes in provisions
|
2017
-472.3
|
2016
721.9
|
|
in € million¹
Result from disposals
|
2017
-317.8
|
2016
-28.4
|
|
in € million¹
Other non-cash expenses/income
|
2017
-68.1
|
2016
-49.7
|
|
in € million¹
Change in assets and liabilities from operating activities
|
2017
-4,671.4
|
2016
-657.5
|
|
in € million¹
Inventories
|
2017
(-27.3)
|
2016
(67.9)
|
|
in € million¹
Net balance of trade receivables and payables
|
2017
(277.6)
|
2016
(-302.6)
|
|
in € million¹
Net balance of other assets and liabilities
|
2017
(-4,921.7)
|
2016
(-422.8)
|
|
in € million¹
Income tax received/paid
|
2017
81.1
|
2016
-243.4
|
|
in € million¹
Cash flow from operating activities
|
2017
-1,696.1
|
2016
473.6
|
|
in € million¹
2. Investing activities
| ||
|
in € million¹
Capital expenditure on intangible assets and property, plant and equipment
|
2017
-1,419.2
|
2016
-1,189.4
|
|
in € million¹
Disposals of intangible assets and property, plant and equipment
|
2017
52.8
|
2016
115.5
|
|
in € million¹
Cash received from construction cost and investment subsidies and tax refunds from recognised exploration expenditure
|
2017
113.8
|
2016
61.1
|
|
in € million¹
Acquisition of subsidiaries, entities accounted for using the equity method and interests in joint operations
|
2017
-227.9
|
2016
-961.3
|
|
in € million¹
Sale of subsidiaries, entities accounted for using the equity method and interests in joint operations
|
2017
235.4
|
2016
189.9
|
|
in € million¹
Cash paid for investments in other financial assets
|
2017
-721.2
|
2016
-331.6
|
|
in € million¹
Sale of other financial assets
|
2017
3,491.0
|
2016
2,065.2
|
|
in € million¹
Cash received/paid for investments in connection with short-term finance planning
|
2017
44.3
|
2016
39.4
|
|
in € million¹
Interest received
|
2017
452.1
|
2016
203.0
|
|
in € million¹
Dividends received
|
2017
139.6
|
2016
142.1
|
|
in € million¹
Cash flow from investing activities
|
2017
2,160.7
|
2016
333.9
|
|
in € million¹
3. Financing activities
| ||
|
in € million¹
Interest paid for financing activities
|
2017
-425.6
|
2016
-351.3
|
|
in € million¹
Dividends paid
|
2017
-84.7
|
2016
-226.1
|
|
in € million¹
Cash received for changes in ownership interest without loss of control
|
2017
1.5
|
2016
0.0
|
|
in € million¹
Cash paid for changes in ownership interest without loss of control
|
2017
0.0
|
2016
-8.0
|
|
in € million¹
Increase in financial liabilities
|
2017
302.3
|
2016
999.2
|
|
in € million¹
Repayment of financial liabilities
|
2017
-1,279.8
|
2016
-704.8
|
|
in € million¹
Payments from alterations of capital in non-controlling interests
|
2017
-55.0
|
2016
-25.6
|
|
in € million¹
Cash flow from financing activities
|
2017
-1,541.3
|
2016
-316.6
|
|
in € million¹
Net change in cash and cash equivalents
|
2017
-1,076.7
|
2016
490.9
|
|
in € million¹
Change in cash and cash equivalents due to changes in the consolidated companies
|
2017
300.3
|
2016
0.0
|
|
in € million¹
Net foreign exchange difference
|
2017
-1.9
|
2016
-0.4
|
|
in € million¹
Change in cash and cash equivalents
|
2017
-778.3
|
2016
490.5
|
|
in € million¹
Cash and cash equivalents at the beginning of the period
|
2017
3,991.6
|
2016
3,501.1
|
|
in € million¹
Cash and cash equivalents at the end of the period
|
2017
3,213.3
|
2016
3,991.6
|
1 Further information is available in the notes under (31) “Notes to the cash flow statement”. We publish the full set of consolidated financial statements